LOVE
LOVE is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Travelers Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 190,463 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $27K, with roughly $5K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 340 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 2,532 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LOVE
- Who operates LOVE?
- LOVE is operated by Travelers Oil Company, Railroad Commission of Texas operator number 865980.
- Where is LOVE?
- LOVE is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 230410.
- Is LOVE still producing?
- LOVE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOVE is August 2026.
- How much has LOVE produced?
- LOVE has reported 190,463 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is LOVE worth?
- The remaining production from LOVE is estimated to be worth about $27K in total as of 26 August 2026, within a range of $21K to $32K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOVE is a fraction of it. The estimate fits an Arps decline curve to the production LOVE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOVE is an estimate of value, not an offer and not an appraisal.
- How much income does LOVE generate in a year?
- LOVE is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOVE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Travelers Oil Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 230410 |
| Wellbores | 1 |
| Reported production | 190,463 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where LOVE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.